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News
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LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.
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LCG, September 24, 2025--Electric Reliability Council of Texas Inc. (ERCOT) yesterday announced its new initiative to increase its efforts to fully use and apply innovation and transformation through industry collaboration to best overcome the challenges and opportunities facing future grid operations. The new Grid Research, Innovation, and Transformation (GRIT) initiative will advance research and prototyping of emerging concepts and solutions to better understand the implications of rapid grid and technology evolution and position ERCOT to lead in the future energy landscape.
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Industry News
Florida PSC Approves FPL Proposal for More Gas-Fired, Electric Generating Capacity
LCG, September 4, 2008--The Florida Public Service Commission (PSC) yesterday approved the applications from Florida Power & Light (FPL) for a determination of need for one new natural gas-fired, electric generating unit and upgrades to oil and natural gas units at two aging facilities installed in the sixties. The investment will add approximately 2,285 MW of electric generating capacity to FPL's generation portfolio that serves electric customers in Florida.
At the West County Energy Center in Palm Beach County, a new combined-cycle unit will provide 1,219 MW of new electric generating capacity. Two other combined-cycle units are already under construction at the site, and these units are scheduled to connect to the grid in 2009 and 2010. The third unit is now scheduled to commence commercial operations in 2011.
At the Cape Canaveral power station in Brevard County, FPL will convert two 400-MW units into a single combined-cycle facility with an electric generating capacity of 1,219 MW. The new facility is scheduled to commence commercial operations in June 2013. Similarly, at the Riviera power station in Palm Beach County, two 280-MW generating units will be upgraded into a combined-cycle facility with an electric generating capacity of 1,207 MW. The new Riviera facility is scheduled to start commercial operations in June 2014.
The addition of Unit 3 at the West County Energy Center by 2011 provides a sufficient "reserve margin" of generation capacity to allow the modernization at the other stations.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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